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July 4, 2022

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Norway oil and gas workers to strike on Tuesday, cutting output

Reuters
Strike to start midnight local time (2200 GMT on Monday) Gas output could be cut by near 25% by Saturday, oil by 15% Government can intervene in special circumstances Union workers want higher pay rise than in negotiated deal OSLO, July 4 (Reuters) – Norwegian offshore workers will likely go......

Australia’s Link rejects Dye & Durham’s lower offer, but keeps door open

Reuters
July 4 (Reuters) – Australia’s Link Administration (LNK.AX) said on Monday it will not recommend Canadian cloud-based software firm Dye & Durham Ltd’s (DND.TO) lowered takeover bid but agreed to continue to engage with it on hopes of securing a better offer. Last week, Dye & Durham (D&D) cut its......

Norway strike could cut gas output by 13% next week, oil lobby says

Reuters
OSLO, July 3 (Reuters) – A planned strike next week by Norwegian petroleum workers could cut the country’s gas output by 292,000 barrels of oil equivalent per day, corresponding to 13% of output, employers’ group Norwegian Oil and Gas Association (NOG) said on Sunday. Oil output could be cut by......

China’s factory, service sectors shake off 3 months of lockdown pain

Reuters
A worker polishes a bicycle steel rim at a factory manufacturing sports equipment in Hangzhou, Zhejiang province, China September 2, 2019. China Daily via REUTERS Register now for FREE unlimited access to Reuters.com Register China factory, services PMIs above 50 for first time since Feb Recovery seen as COVID restrictions......

Oslo shooting suspect named as police advise against Pride gathering

Reuters
People bring flowers and rainbow flags to pay tribute to the victims as they take part in a spontaneous Pride parade, following a shooting at the London Pub, a popular gay bar and nightclub, after the official event was cancelled, in Oslo, Norway, June 25, 2022. Haakon Mosvold Larsen/NTB/via REUTERS......

Google faces antitrust complaint by Danish job-search rival

Reuters
BRUSSELS, June 27 (Reuters) – Google faces an antitrust complaint on Monday by Danish online job-search rival Jobindex, whichtold European Union regulators the Alphabet-owned (GOOGL.O) business had allegedly unfairly favoured its own job-search service. The complaint could reinvigorate EU antitrust chief Margrethe Vestager’s scrutiny of the service, Google for Jobs.......

Dye & Durham lowers Link Administration takeover offer by a quarter

Reuters
June 27 (Reuters) – Australia’s Link Administration (LNK.AX) said on Monday Canadian cloud-based software company Dye & Durham Ltd (DND.TO) lowered its takeover offer by nearly a quarter to A$2.21 billion ($1.54 billion) citing low market value of the share registry firm. Dye & Durham (D&D) has now offered Link......

Biden administration leans on Tesla for guidance in renewable fuel policy reform

Reuters
June 23 (Reuters) – U.S. President Joe Biden rarely mentions electric car maker Tesla Inc (TSLA.O) in public. But privately his administration has leaned on the company to help craft a new policy to allow electric vehicles (EVs) to benefit from the nation’s lucrative renewable fuel subsidies, according to emails......

Euromoney gets $2 bln possible cash offer

Reuters
June 20 (Reuters) – Euromoney Institutional Investor (ERM.L) said on Monday it received a possible cash offer from a consortium, which could value the information services firm at around 1.60 billion pounds ($1.96 billion). The consortium of Astorg Asset Management and Epiris LLP offered 14.61 pounds per Euromoney share, the......

Ferrari names Carla Liuni new chief brand officer

Reuters
A Ferrari logo is pictured during the ‘Universo Ferrari’ exhibition, in Maranello, Italy, September 9, 2019. REUTERS/Flavio lo Scalzo/File Photo Register now for FREE unlimited access to Reuters.com Register MILAN, June 13 (Reuters) – Ferrari (RACE.MI) on Monday named former jewellery executive Carla Liuni as its new chief brand officer......

Norway oil firms, workers agree wage deal in principle, avert strike for now

Reuters
The West Hercules drilling rig leaves Skipavika, Norway April 1, 2018. REUTERS/Gwladys Fouche/File Photo Register now for FREE unlimited access to Reuters.com Register OSLO, June 12 (Reuters) – Norwegian oil firms and employees have agreed in principle a new wage deal, avoiding for now a strike at nine fields that......

Norway negotiators work overtime to avert oil strike

Reuters
A general view of Equinor’s Johan Sverdrup oilfield platforms in the North Sea, Norway, December 3, 2019. REUTERS/Ints Kalnins/File Photo Register now for FREE unlimited access to Reuters.com Register OSLO, June 12 (Reuters) – Norwegian oil workers and their employers have extended wage negotiations past a midnight deadline in a......

Deloitte denies media reports on restructuring plans

Reuters
Offices of Deloitte are seen in London, Britain, September 25, 2017. REUTERS/Hannah McKay/Files Register now for FREE unlimited access to Reuters.com Register June 8 (Reuters) – Deloitte, one of the “Big Four” accounting firms, said late on Wednesday that media reports about the company exploring a plan to split its......

Amazon to pull Kindle out of China

Reuters
The sign of e-commerce website Amazon China is seen next to a Kindle e-reader displayed in this illustration , taken on December 15, 2021. REUTERS/Florence Lo/Illustration Register now for FREE unlimited access to Reuters.com Register SHANGHAI, June 2 (Reuters) – Amazon.com (AMZN.O) said that from Thursday it will stop supplying......

China’s factory activity decline slows as COVID curbs ease

Reuters
Employees work on the production line during an organised media tour to a factory of Beijing Benz Automotive Co (BBAC), a joint venture by BAIC Motor and Mercedes-Benz, in Beijing, China February 17, 2022. REUTERS/Florence Lo/File Photo Register now for FREE unlimited access to Reuters.com Register China May official manufacturing......

Israeli private detective used Indian hackers in job for Russian oligarchs -court filing

Reuters
The Metropolitan Detention Center (MDC), which is operated by the U.S. Federal Bureau of Prisons, is pictured in Brooklyn, New York, U.S., December 8, 2020. REUTERS/Brendan McDermid/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, May 27 (Reuters) – An Israeli private investigator currently in U.S. custody......

China’s Lenovo says supply issues to hit shipments, revenue growth slows

Reuters
HONG KONG, May 26 (Reuters) – China’s Lenovo Group (0992.HK)warned on Thursday that shipments would fall in the short term as China’s COVID-19 lockdowns exacerbated shortages of microchips, after posting its slowest quarterly growth in seven quarters. The world’s largest maker of personal computers (PC) is among many companies facing......

EXCLUSIVE Sri Lanka picks Lazard, Clifford Chance as advisers for landmark debt restructuring -sources

Reuters
The logo and trading information for Lazard Ltd appear on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register COLOMBO/LONDON, May 23 (Reuters) – Sri Lanka has hired heavyweight......

IMF urges Asia to be mindful of spillover risks from tightening

Reuters
Global tide of tightening comes faster than expected -IMF Widening gap in interest rates behind yen weakness Echoes view on balance yen depreciation helps Japan TOKYO, May 20 (Reuters) – Asian economies must be mindful of spillover risks as a decade of unconventional easing policies by major central banks is......

Tesla cut from S&P 500 ESG Index, and Elon Musk tweets his fury

Reuters
May 18 (Reuters) – An S&P Dow Jones Indices executive told Reuters on Wednesday it has removed electric carmaker Tesla Inc (TSLA.O) from the widely followed S&P 500 ESG Index (.SPXESUP)because of issues including claims of racial discrimination and crashes linked to its autopilot vehicles, and Tesla CEO Elon Musk......

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